Remitly vs Unplex: Fees, Rates & Speed Compared
Remitly
4.6Remitly specializes in personal international money transfers with a focus on remittances to developing countries, offering competitive rates and fast delivery.
Unplex
4.6Unplex is a digital remittance service focused on transfers to India and the Philippines, offering competitive exchange rates with zero transfer fees and an enhanced first-time rate for new customers.
Remitly and Unplex are both popular choices for international money transfers, but they take different approaches. Remitly, founded in 2011 and headquartered in Seattle, USA, is best known for cash pickup and global coverage. Unplex, operating since 2022 from USA, focuses on fast, small remittances. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a $1,000 USD → INR transfer, Unplex delivers ₹2019.64 more to the recipient.
In this comparison
Live comparison: Remitly vs Unplex across popular corridors
The table below shows how much the recipient receives when sending through Remitly vs Unplex on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Remitly | Unplex | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹93,913.33 | ₹95,932.97 | Unplex (+₹2019.64) |
| GBP → EUR(£1,000) | €1,138.09 | — | N/A |
| USD → PHP($500) | ₱29,345.22 | ₱31,360.93 | Unplex (+₱2015.71) |
| USD → MXN($1,000) | MX$17,041.71 | — | N/A |
| GBP → PKR(£500) | ₨186,432.90 | — | N/A |
| USD → NGN($200) | ₦272,296.90 | — | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Remitly and Unplex
Remitly vs Unplex: Feature comparison
| Feature | Remitly | Unplex |
|---|---|---|
| Overall rating | 4.6/5 (Excellent) | 4.6/5 (Excellent) |
| Fee structure | From $0 to $3.99 per transfer | No transfer fees |
| Exchange rate markup | 0.5% - 2% above mid-market | Competitive rate to INR |
| Transfer speed | Minutes to 3-5 days | Minutes to 1 business day |
| Supported countries | 100+ | 2+ |
| Supported currencies | 40+ | 4+ |
| Max transfer | $10,000 | $50,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Money, Home Delivery | Bank Deposit |
| Regulators | FinCEN, FCA | FinCEN |
| Founded | 2011 | 2022 |
Pros and cons
Remitly
Pros
- Express transfers arrive in minutes
- Cash pickup available in many countries
- Mobile money delivery option
- First transfer promotions often available
- Home delivery in select countries
Cons
- Rates less competitive for large transfers
- No multi-currency account
- Focused mainly on remittance corridors
Unplex
Pros
- Zero transfer fees on all corridors
- Competitive exchange rates to India and the Philippines
- Enhanced first-time rate for new customers
- 4.5/5 on Trustpilot
Cons
- Only sends to India and the Philippines
- Limited to USD, GBP, EUR and CAD send currencies
- Bank deposit only — no cash pickup
When to choose Remitly vs Unplex
Choose Remitly if:
- You want the real mid-market exchange rate with no hidden markup
- Your recipient needs cash pickup instead of bank deposit
- You want to send to a mobile money wallet (M-Pesa, GCash, etc.)
- You need wider country coverage (100+ vs 2+ countries)
- You want zero transfer fees (From $0 to $3.99 per transfer)
Choose Unplex if:
- You're sending large amounts (Unplex supports up to $50,000)
- Unplex's strengths (Bank Deposit) match your needs
Verdict: Remitly or Unplex?
Cost winner: Unplex
Unplex wins on cost in 2 of 6 corridors we tested. For example, on USD → INR ($1,000), the recipient gets ₹2019.64 more with Unplex. Unplex achieves this through zero transfer fees on most corridors.
Speed: Similar delivery times
Both providers offer similar transfer speeds. Remitly typically delivers in Minutes to 3-5 days, while Unplex takes Minutes to 1 business day. The actual speed depends on the corridor and delivery method.
Wider coverage: Remitly
Remitly has broader coverage with 100+ countries and 40+ currencies. Remitly also offers Bank Deposit, Cash Pickup, Mobile Money, Home Delivery.
Bottom line
Overall, Unplex edges ahead for most users thanks to zero transfer fees on most corridors. That said, Remitly is the better pick if you need cash pickup and global coverage.
Frequently asked questions
Is Remitly or Unplex cheaper for international transfers?
Based on our data, Unplex is generally cheaper across most corridors. Unplex charges No transfer fees with a Competitive rate to INR exchange rate markup, while Remitly charges From $0 to $3.99 per transfer with a 0.5% - 2% above mid-market markup. For example, on a $1,000 USD → INR transfer, Unplex delivers ₹2019.64 more. However, costs vary by corridor, so always compare for your specific route.
Which is faster, Remitly or Unplex?
Remitly typically completes transfers in Minutes to 3-5 days, while Unplex takes Minutes to 1 business day. Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are Remitly and Unplex safe to use?
Yes, both are regulated money transfer services. Remitly is regulated by FinCEN, FCA and has a 4.6/5 Trustpilot rating. Unplex is regulated by FinCEN with a 4.6/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Remitly vs Unplex?
Remitly has a maximum transfer of $10,000 (minimum $1), while Unplex allows up to $50,000 (minimum $1). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with Remitly or Unplex?
Remitly offers Bank Deposit, Cash Pickup, Mobile Money, Home Delivery. Unplex offers Bank Deposit. Remitly supports cash pickup, which is useful when recipients don't have a bank account.
Should I use Remitly or Unplex to send money internationally?
For most users, Unplex offers better overall value thanks to zero transfer fees on most corridors. However, Remitly is the better choice if you need cash pickup and global coverage. The best provider for you depends on your corridor, transfer size, and whether you need features like Home Delivery.